Exercisabilities Inc

Analysis

Exercisabilities Inc is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Exercisabilities Inc reported income of $2.2m and spending of $2.6m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.2m (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2022, when income rose by 159%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Exercisabilities Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Mayfield Counseling Centers ($2.2m), East Tennessee Lions Eye Bank ($2.2m) and Forces4quality Northeast Ohio ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $129k (5.0% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.7m against liabilities of $108k, net assets of $3.6m. It reported 37 employees.